Civic Intelligence

New Richmond Area Chamber of Commerce and Visitors Bureau

990 • Fiscal year 2016 • EIN 39-1130473

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 17, 2017

245A South Knowles AvenueNew Richmond, WI 54017

(715) 246-2900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

0.23x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

75th percentile

13%

Higher net margin than 75% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

91st percentile

$68,360

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 37.7% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

9.4%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$142,520

Up $24,722 (+21%) from 2015

Net Assets

Up

$101,453

Up $23,334 (+30%) from 2015

Liabilities

Up

$41,067

Up $1,388 (+3.5%) from 2015

Revenue

Up

$181,282

Up $15,521 (+9.4%) from 2015

Expenses

Up

$157,948

Up $4,801 (+3.1%) from 2015

Net Income

Up

$23,334

Up $10,720 (+85%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2011: $8,310Liabilities 2011: $18,621Net Assets 2011: -$10,3112011Assets 2012: $26,875Liabilities 2012: $24,122Net Assets 2012: $2,7532012Assets 2014: $93,684Liabilities 2014: $28,179Net Assets 2014: $65,5052014Assets 2015: $117,798Liabilities 2015: $39,679Net Assets 2015: $78,1192015Assets 2016: $142,520Liabilities 2016: $41,067Net Assets 2016: $101,4532016Assets 2017: $144,042Liabilities 2017: $43,867Net Assets 2017: $100,1752017Assets 2018: $139,615Liabilities 2018: $49,001Net Assets 2018: $90,6142018Assets 2019: $157,690Liabilities 2019: $64,083Net Assets 2019: $93,6072019Assets 2020: $345,151Liabilities 2020: $190,665Net Assets 2020: $154,4862020Assets 2021: $422,836Liabilities 2021: $164,673Net Assets 2021: $258,1632021Assets 2022: $399,571Liabilities 2022: $153,089Net Assets 2022: $246,4822022Assets 2023: $406,447Liabilities 2023: $149,294Net Assets 2023: $257,1532023Assets 2024: $336,260Liabilities 2024: $134,166Net Assets 2024: $202,0942024

Highlighted filing

2016

Assets$142,520
Liabilities$41,067
Net Assets$101,453

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $124,5452011Revenue 2012: $140,876Expenses 2012: $127,812Net Income 2012: $13,0642012Revenue 2014: $166,235Expenses 2014: $130,145Net Income 2014: $36,0902014Revenue 2015: $165,761Expenses 2015: $153,147Net Income 2015: $12,6142015Revenue 2016: $181,282Expenses 2016: $157,948Net Income 2016: $23,3342016Revenue 2017: $193,011Expenses 2017: $200,103Net Income 2017: -$7,0922017Revenue 2018: $211,015Expenses 2018: $212,202Net Income 2018: -$1,1872018Revenue 2019: $246,212Expenses 2019: $243,219Net Income 2019: $2,9932019Revenue 2020: $264,559Expenses 2020: $203,680Net Income 2020: $60,8792020Revenue 2021: $250,615Expenses 2021: $146,938Net Income 2021: $103,6772021Revenue 2022: $234,226Expenses 2022: $206,621Net Income 2022: $27,6052022Revenue 2023: $246,410Expenses 2023: $260,187Net Income 2023: -$13,7772023Revenue 2024: $197,347Expenses 2024: $258,101Net Income 2024: -$60,7542024

Highlighted filing

2016

Revenue$181,282
Expenses$157,948
Net Income$23,334
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 17, 2017
Return Version
2016v3.0
Gross Receipts
$286,152
Mission and Program Overview

Mission

Advocate for the interests of its members and to promote economic and community development.

Advocate the interests of its members to promote economic and community development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$111,216$135,903▲ $24,687
Rtn Earn Endowment Incm Other Fnds$78,119$101,453▲ $23,334
Land, Buildings, and Equipment, Net$5,415$5,450▲ $35
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$117,798$142,520▲ $24,722
Other Assets Total$1,167$1,167→ $0
Liabilities
Other Liabilities$25,540$33,288▲ $7,748
Accounts Payable and Accrued Expenses$11,033$7,554▼ $3,479
Deferred Revenue$3,106$225▼ $2,881
Total Liabilities$39,679$41,067▲ $1,388
Net Assets / Fund Balance
Total Net Assets Fund Balance$78,119$101,453▲ $23,334
Total Liabilities and Net Assets / Fund Balance$117,798$142,520▲ $24,722

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$19,438$19,438
Leasehold Improvements$5,241$1,559$6,800
Other Land Buildings$209$53$262
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robin G KreibichExecutive DirectorFT$68,360$68,360

Board Members and Trustees

NameTitle
Marie GremorePresident
Larry GeeVice President
Candy Barr-petersonDirector
Jeremiah WendtDirector
Jillian GorresDirector
Kate AvolasDirector
Kim GorresDirector
Sheri SoderquistDirector
Steven MasseySecretary
Debbie CallejaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,836
Program Service Revenue
$66,166
Investment Income
$92
Other Revenue
$16,188
All Other Contributions
$81,340
Change in Net Assets
$23,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$113,532
Other Expenses$44,416
Total Fundraising Expense$15,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$51,270$10,254$6,836$68,360
Other Salaries and Wages$27,389$5,478$3,652$36,519
All Other Expenses$8,784$2,476$803$12,063
Payroll Taxes$6,490$1,298$865$8,653
Occupancy$5,353$1,070$714$7,137
Advertising$3,152$631$420$4,203
Insurance$2,122$424$283$2,829
Office Expenses$2,108$422$281$2,811
Fees for Services Accounting-$2,800-$2,800
Other Expenses$1,942$388$259$2,589
Travel$603$121$80$804
Depreciation Depletion$170$34$23$227
Total Functional Expenses$116,098$26,738$15,112$157,948
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$121,058
Fundraising Direct Expenses$104,870
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Fest$46,715$43,715$5,346$38,369
Annual Meeting$34,737$29,987$964$29,023
Total Events$132,920$118,080$99,377$18,703
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Certificates Held$32,788
Security deposit$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has dues paying members.

Form 990, Part VI, Line 11B: Form 990 Review Process

Executive Director and President review the Form 990 prior to signing and mailing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
New Richmond Area Chamber of Commerce
EIN
39-1130473
Phone
7152462900
Address
245A South Knowles Avenue, New Richmond, WI 54017

Signing Officer

Name
Marie Gremore
Title
President
Signed
2017-08-17
Discuss with paid preparer
Yes

Organization Details

Formed
1947
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
500

Preparer

Firm
Guinnvinopal & Zahradka Llp
Address
110 E 3RD ST, NEW RICHMOND, WI 54017
Preparer
Jason Zahradka
Phone
7152466976
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0714
IRS990/OccupancyGrp/ManagementAndGeneralAmt01070
IRS990/OccupancyGrp/ProgramServicesAmt05353
IRS990/OccupancyGrp/TotalAmt07137
IRS990/OfficeExpensesGrp/FundraisingAmt0281
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0422
IRS990/OfficeExpensesGrp/ProgramServicesAmt02108
IRS990/OfficeExpensesGrp/TotalAmt02811
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01167
IRS990/OtherAssetsTotalGrp/EOYAmt01167
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Equip lease/maint
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Office maintenance
IRS990/OtherExpensesGrp/Desc3Real estate taxes
IRS990/OtherExpensesGrp/FundraisingAmt0342
IRS990/OtherExpensesGrp/FundraisingAmt1290
IRS990/OtherExpensesGrp/FundraisingAmt2264
IRS990/OtherExpensesGrp/FundraisingAmt3259
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0512
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1434
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2396
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3388
IRS990/OtherExpensesGrp/ProgramServicesAmt02562
IRS990/OtherExpensesGrp/ProgramServicesAmt12174
IRS990/OtherExpensesGrp/ProgramServicesAmt21979
IRS990/OtherExpensesGrp/ProgramServicesAmt31942
IRS990/OtherExpensesGrp/TotalAmt03416
IRS990/OtherExpensesGrp/TotalAmt12898
IRS990/OtherExpensesGrp/TotalAmt22639
IRS990/OtherExpensesGrp/TotalAmt32589
IRS990/OtherLiabilitiesGrp/BOYAmt025540
IRS990/OtherLiabilitiesGrp/EOYAmt033288
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03652
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05478
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt027389
IRS990/OtherSalariesAndWagesGrp/TotalAmt036519
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt0865
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01298
IRS990/PayrollTaxesGrp/ProgramServicesAmt06490
IRS990/PayrollTaxesGrp/TotalAmt08653
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1WEBSITE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt064830
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11336
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11336
IRS990/ProgSrvcAccomActy2Grp/Desc0Community development - special events brought cultural and educational development.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt034829
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt099004
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0100
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt045351
IRS990/PYOtherRevenueAmt0-487
IRS990/PYProgramServiceRevenueAmt067144
IRS990/PYRevenuesLessExpensesAmt012614
IRS990/PYSalariesCompEmpBnftPaidAmt0107796
IRS990/PYTotalExpensesAmt0153147
IRS990/PYTotalRevenueAmt0165761
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt023334
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt078119
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0101453
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0111216
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0135903
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019438
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019438
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05241
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01559
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06800
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0209
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT CERTIFICATES HELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security deposit
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05450
IRS990ScheduleD/TotalLiabilityAmt033288
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014840
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt03000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt04750
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt07090
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt099377
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07800
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt019370
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt027170
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN FEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL MEETING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09512
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt08130
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt012018
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt029660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt046715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt034737
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt051468
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0132920
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt043715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt029987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt044378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0118080
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018703
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01372
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0404
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01776

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$1.34$2.02$1.97$2.58$0.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$1.49$2.57$2.46$2.60$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$1.53$2.46$2.34$2.07$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$1.65$2.58$2.51$1.47$1.04
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.45$1.91$1.54$2.65$2.04$0.61
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.64$0.94$2.46$2.43$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.49$0.91$2.11$2.12$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.44$1.00$1.93$2.00$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.43$0.41$1.01$1.81$1.58$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.40$0.78$1.66$1.53$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.28$0.66$1.66$1.30$0.36
2012Summary only. Only limited summary data is available for this year.$0.27$0.24$0.03$1.41$1.28$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.19$0.10$1.25
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • <$500k nonprofits